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Nepal's economy is on shaky ground. The budget battle begins

'Worry' as Nepal's forex reserves soar to record Rs1.84 trillion

Huge reserves mean lack of investment and may lead to further decline in economic growth, say experts.

As inflation soars, consumers are putting brakes on restaurant spending

As inflation soars, consumers are putting brakes on restaurant spending Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.

As inflation soars, consumers are putting brakes on restaurant spending

Millennials, who were regular visitors to restaurants, are leaving the country in droves significantly impacting consumption, mainly at restaurants.

India agrees to buy energy from Nepal against growing Chinese influence

Kathmandu, Jan 4 (EFE).- India signed an agreement on Thursday to buy 10,000 megawatts of energy over the next 10 years from Nepal, in an agreement seen as a way to restore declining relations between the two neighboring countries in the face of Chinese influence over the Himalayan country. The agreement was signed in Kathmandu …